Taxpayers Should Review Your Tax Withholding Mid-Year

Taxpayers Should Review Your Tax Withholding Mid-Year

Avoid Having Too Much or Too Little Federal Income Tax Withheld if You Review Your Tax Withholding

The Internal Revenue Service today encouraged taxpayers to consider that they review your tax withholding, keeping in mind several factors that could affect potential refunds or taxes they may owe in 2018.

Reviewing the amount of taxes withheld can help taxpayers avoid having too much or too little federal income tax taken from their paychecks. Having the correct amount taken out helps to move taxpayers closer to a zero balance at the end of the year when they file their tax return, which means no taxes owed or refund due.

During the year, changes sometimes View full post…

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